EastBradfordCitizens.com

Tax-Free Shopping For Non-EU Residents Is As Simple As Keeping Your Receipts

February 27th, 2010 at 13:40

When traveling abroad there is that small thrill felt when passing by the duty-free store tucked into various international airports selling all manner of goods including perfumes, alcohol, and chocolates for purchase sans sales tax. With the every day reality of paying taxes, the moment a consumer can free themselves from it, the more attractive the shopping item becomes. Beyond the already tax-free shops, when traveling into the European Union (EU) from a non-EU country, tax-free shopping as a non-EU resident is possible by reclaiming taxes on a number of retail goods.

Taxes can be added onto a good through a number of ways and names including consumption, sales, or the standard EU value added tax (VAT). Traveling abroad in the EU, customers will find the VAT a standard addition to any purchased goods. The ability to refund VAT, however, is a perk not held by member countries of the EU, unless the items are meant to be shipped to non – EU countries.

Claiming a refund requires that all consumers pay an items tax (EU-VAT) regardless of international status (this tax will vary in amount country to country), but by law, will be able to process a refund on their total EU-VAT amounts.

Saving all receipts and stopping at customs before leaving an EU country to obtain an export validation stamp is the bulk of work that needs to be completed by the consumer. Once all receipts and stamps are collecting, working with an established company to refund EU-VAT is a simple process.

A number of companies are available for utilization in making the refunded of EU-VAT a simple transaction requiring only that the consumer collect and save all receipts on good purchased in EU countries and visit customs before leaving the EU to collect an export validation stamp.

So, you’ve come home with your purchases, receipts, and customs approved export validation stamp, now what? Reclaiming your paid EU-VAT is simple in the hands of a number of companies who specialize in the red-tape and hassle of requesting refunds.

One company, Premier Tax Free, is partnered with over 75,000 worldwide retailers. With the company’s technical expertise, dealing with international retailers will be free of the red-tape and hassle of tax free shopping for non-EU residents. Receipts, provided by you, are sent back to retailers in the effort of requesting a VAT refund.

Find out all you need to know about tax free shopping by checking it out today. Take advantage of the chance to save cash by doing some tax free shopping. Go online and learn all you need to know.

Tags: , , , , , , , , , , , , , ,

Leave a Reply

You must be logged in to post a comment.